Presidential Election Betting Odds For 2020

Betting on elections is as old as elections themselves. Earlier in US history, presidential election odds and public wagering were not only legal, they were an accepted and welcomed part of the political process. In fact, political odds and polls were even driven by betting action from the public, producing valuable information for the country prior to the advent of scientific polls.

A hundred years ago, presidential elections were as big an event as the Super Bowl is today. The public square was full of constituents arguing over whom should run the country, waiting for the big results to see how much money they won, or who had to eat crow (literally). Those traditions may have passed over time, but following the odds on who will become the next president is indeed still a popular form of betting entertainment. As Americans become more engaged with the political landscape with each election, and technology feeds this phenomenon through access to any and all information surrounding an election, the market for betting on politics is growing exponentially. We have the ability to be as informed about our nation’s politics as we choose to be, and many of us are going to use that knowledge to not only be involved as informed voters, but to also bet on the outcome and possibly make some to boot.

Based on the growth of this type of betting entertainment, we became inspired to create a comprehensive resource guide specifically targeting the political niche. We will provide valuable information to US residents interested in legally participating in political betting at licensed and reputable online sportsbooks. Along with information regarding the most current and accurate odds for the 2020 presidential election, this guide will also provide additional information about the betting lines and options that are available, the status of the candidates who are running for president, relevant news articles, and recommendations for where to legally and securely place your bets online. It is our desire that you are not only informed voters, but also informed bettors, equipped to make the best possible decision regarding your involvement with political betting.

Odds Updated Daily

Most Reputable Sportsbooks Offering Political Betting Odds On Who Will Be The Next President Of The United States

Who Is Running For U.S. President in 2020 And Current Betting Odds

The odds table below offers live betting odds from 2 different sportsbooks, Betonline and Bovada. Listing the odds from 2 different sites allows you to get the best possible payouts on your future bets. A good example is if you were to bet on Donald Trump to win the 2020 election. If you bet at Bovada, a $100 bet will return $250 in winnings. But if you place the wager at Betonline, a $100 bet will return $275 in winnings. In addition some books offer odds on a particular candidate while the other one doesn’t. So we actually recommend opening an account at both sites so you can shop for the best lines depending on what you want to bet on.

Republican Presidential Candidates for 2020

Types Of Betting Lines And Vegas Odds Available For The 2020 Presidential Election

If you’ve browsed the odds at all at any of our recommended online sportsbooks, you’ll notice that the list of candidates is not always limited to only those individuals whom are already actively participating in the race. This is because the range of deadlines for entering the race varies from state to state, and runs as late as May in some areas. At some gambling sites, the betting odds will often cover people who are popular among their constituent base and could potentially join the party late in the game. The closer we get to the election, the more refined the vegas odds coverage will become. For those who took a chance on futures bets early in the process, you probably want to closely watch how the lines and odds begin to evolve as we inch closer to the primaries.

Betting on politics, including the 2020 presidential election, affords gamblers a nice, wide range of options to choose from. You can choose to simply bet on the outcome of the election, or to really get into it and take advantage of the creative lines and prop bets that you find the closer you get to the elction. For those of you who may never have participated in any type of political betting entertainment before, we have provide a look at the most commonly offered bet types and lines so that you have a clear understanding of how they each work.

Some of the categories you will find in election betting lines include placing bets on the outcome or the primaries, the presidency, the popular vote, and even some prop topics such as gender. Each of these categories has a variety of lines associated with them. We’re going to list them out individually, along with an explanation of how they work. You will see the options change periodically as we lead up to the election, with some bets not becoming available until a few days or weeks before the election.

Betting Odds For Who Will Win 2020 Presidential Election

Obviously, these bets will have to do with the overall winner of the election based on the Electoral College and not the popular vote. You have straight bets for who will win the election, which party will win the election, which gender the winner will be, and even sometimes what the gender balance of the final ticket will be. Options will vary from sportsbook to sportsbook. Among these lines, there are also varying bet categories. Two popular categories include:

Handicapped electoral vote count: This bet will involve beating a spread in regards to the number of electoral votes, which is based on the Electoral College structure within the election process.

Over/Under electoral vote count: In this type of bet, you are trying to determine if a candidate will come in over or under a specific number of predicted votes. The odds and amount of votes will vary from candidate to candidate and are based on that individual’s standing within the election.

Betting Odds for Winning the 2020 Presidential Primary

Lines covering the primaries will be offered for each party represented in the election. You are betting on who will win the nomination from each political party. These lines can see the same type of variety as the scenario above. You will see lines for who will win for each party, which gender the winner will be, etc. These lines will become quite refined the closer we get to the election. It is not uncommon to see the handicapped and over/under options available for presidential party primary betting lines leading up to Election Day.

Betting Odds for Winning a Specific State

It is no surprise that there are odds for which candidate and/or party will win particular states. After all, that is how the election is won, state by state. You will typically see odds for the larger, more influential swing states that have a large bearing on the overall results of the election. This can be particularly exciting because the results of Electoral College votes in the swing states can be very unpredictable. As the election progresses, the number of betting lines and odds covering specific state results increases to include smaller states. Check out our State Primary odds page for more information.

Betting Odds for Winning the Popular Vote

A candidate can win the popular vote, however loose the election. We saw this when Hillary Clinton beat Obama in the primary for the popular vote, but lost to him when it came down to the Electoral College count. Does it make any sense? Nope. Is it legitimate? Yes it is. The Electoral College structure is a sound one and is the best we’ve come up with to make sure everyone is fairly represented, but it is still hard to swallow that the person receiving the most individual votes (popular vote) is not the person who wins necessarily. When you’re betting on the popular vote, you need to figure out who is most favored by the voters rather than who is going to earn the highest Electoral College count.

FAQ’s On Betting On The 2020 Presidential Election

Is it legal to bet on the presidential election?

You will not find any US based sportsbooks that offer betting lines on the 2020 presidential election. However, there are no laws that prohibit you from betting on the election from a licensed and regulated online sportsbook that is located outside of the United States. The betting sites we’ve listed in this guide fall into this category. These destinations can legally offer their betting services to US players because they are licensed and regulated through a foreign governing jurisdiction that has legalized online gambling for their region. You will be able to bet on the upcoming election without violating any type of US laws.

What is the difference between the popular vote and the electoral vote?

The popular vote determines which candidate received the most individual votes from the public. While it is a telling statistic, it actually has no bearing on the outcome of the election. A candidate can win the popular vote, yet receive fewer Electoral College votes than his/her opponent and still loose the election. The Electoral College was designed in order to make sure the amount of representation a state has in an election is fairly based on the number of people residing there. Each state is assigned a number of electoral votes based on their population. The total number of Electoral College votes is 538. A candidate must reach 270 Electoral College votes in order to win the election. Naturally, the larger states with more residents are assigned a larger number of votes.

Should I bet on a presidential candidate that I don’t support?

Remember, betting on a candidate and voting for them are two separate actions. You may love Carly Fiorina and everything she stands for, but since her poll numbers are rather low, you know she doesn’t have much of a chance at the nomination or the presidency. You can still vote for her and support her, but I wouldn’t necessarily bet a lot of money that she would win the republican nomination. Instead, you may want to vote for Fiorina but bet on Donald Trump to win the nomination since he is the front-runner on the GOP side of the race.

Who can vote in the 2020 Presidential election?

While every state has their own set of criteria for being a registered voter, as long as your are a US citizen, 18 years of age or older, have not had your civil rights revoked and have legitimate identification, you will likely be eligible to vote in the election. We recommend you verify the voter registration requirements in your state of residence prior to the election. If you are interested in betting on the election through a legal online soprtsbook, you will need to be at least 21 years or older.

Are there any betting strategies that you recommend?

Yes, what I recommend is shopping around for the best odds. Assuming every sports betting site that we recommend here on presidentialelectionodds.net is reputable (which is 100% accurate), then it only makes sense for you to bet at whichever site is offering the best odds on your favorite candidate. For example you will notice that Betonline has Bernie Sanders at +600 while Bovada only has him at +350. That’s a huge difference. Basically those odds mean that if you wager $100 on Bernie to win the election, you would get back $600 in winnings at Betonline but only $350 in winnings at Bovada.

How Do Online Sportsbooks Make Their Betting Odds?

There are a variety of factors that go into why one particular sportsbook is offering different odds than the others. Basically it has to do with how much action they have on a particular candidate. Sportsbooks make their money on the juice, so what they want to do is have even money on both sides so they can rake in the juice. So using the Bernie example above, what those odds are telling you is that Betonline doesn’t have much action on Bernie Sanders. So they are offering higher odds than other sites to encourage people to bet on Bernie.

How Do I Bet On The Presidential Election?

The first thing you want to do is find a reputable online sportsbook that is legally licensed and offers political betting lines. The 2 sites we recommend above are the best in the industry and offer the widest variety of prop bets to players. They both offer some very generous bonuses to new players by matching your first deposit up to 50%.

Once you’ve signed up with one of the sites, you will need to navigate to their political odds page. If you have any problems finding the page look under the futures/prop section of the site. From there you will have many different types of wagers you can make.

Is Betting On The Presidential Election Legal In The United States?

Based on our research, and the help of websites like www.legalbettingonline.com, we are confident that betting on the US presidential election is 100% legal in the United States as long as you are betting with an offshore site that is located outside of America.

The way the above website explains it on their political page leads me to believe that there is nothing illegal about placing bets online, only accepting bets from within the United States. The way I understand that is the local neighborhood bookie accepting bets is breaking the law, but the person placing the bets with the bookie isn’t.